Luxshare becomes first OEM for iPhone in the Chinese mainland. the days remaining for Foxconn limited. https://cntechpost.com/2020/07/18/luxshare-becomes-apples-first-iphone-manufacturer-in-chinese-mainland-with-wistron-asset-purchase/
AirPods supplier Luxshare announced on Friday that it will pay $472 million to acquire Wistron’s iPhone manufacturing business, making it Apple’s first iPhone manufacturer in China.
Currently, Wistron is one of only three iPhone OEMs, smaller than Pegatron and Foxconn.
The company announced today that it has agreed to sell two subsidiaries in East China for RMB 3.3 billion to Luxshare.